Avenue Park Towers

Key facts

Handover

Q4 2028

Status

Under construction

Ownership

freehold

Property types

apartment, duplex

Availability

Available

Payment plan

Available units

Amenities

• Community Park
• Cafe and Restaurants
• Golf Club and Clubhouse
• Pharmacy
• Indoor Swimming Pool
• Cycle track
• Shared Gym
• Barbecue Area
• Shared Spa

Location

Avenue Park Towers sits in Avenue Park Towers.

How Avenue Park Towers compares

Entry here is AED 1.5M, against a median of AED 1.8M across the 2 priced projects in Al Kifaf, the lowest entry price in the community. The plan opens at 5% down, against a Dubai median of 10%, so it asks 5% less up front than the typical plan. Handover lands in Q4 2028, alongside 213 other projects completing in the same quarter. Wasl Properties has 23 projects in our catalogue, 3 of them in Al Kifaf.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 5% on booking, 55% during construction and 40% at handover. At the AED 1,500,000 entry price, that is AED 75,000 to reserve a unit, AED 825,000 across the build, and AED 600,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 60,000 at this entry price. That 5% booking payment does not go to Wasl Properties directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 717 square feet at AED 1,500,000, which works out at AED 2,092 per square foot. Stated sizes run from 717 to 2,640 square feet.

Ownership and residency

Avenue Park Towers is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa, though 2 bedroom units here start at AED 2,300,000 and clear it on their own.

Who it suits

The development is apartments and duplexes in 1 to 4 bedroom layouts. 1 bedroom units start at AED 1,500,000 and 4 bedroom units at AED 11,700,000, so one building covers a first rental purchase and a family home.

What is on site

Shared facilities recorded for Avenue Park Towers lead with community park, cafe and restaurants, golf club and clubhouse, pharmacy, cycle track, shared gym and shared spa, alongside the indoor swimming pool and barbecue area that most Dubai developments carry. 5 floor plans are published for it.

Frequently asked